Math, asked by Bhanurajput890, 3 months ago

What will be the compound interest on Rs. 4000 in two years when rate of interest is 5% per annum? *

Answers

Answered by asahilthakur

3

Answer:

₹410

Step-by-step explanation:

Principal (P) = ₹4000

Rate (R) = 5%

Time (n) = 2 years

Amount (A) = P (1 + R/100)ⁿ

=> A = 4000 (1 + 5/100)²

=> A = 4000 (21/20)²

=> A = ₹4410

Compound Interest = A-P = ₹4410 - ₹4000 = ₹410

Previous Question

Next Question

Similar questions

English, 1 month ago

Use the following word to make TWO new words: THREE...

English, 1 month ago

: Put the following into the passive voice 1. I helped you. 2. You helped me. 3. He bought a car. 4. She warned him 5. I ate mangoes. 6. They won the match. 7. She taught the boys. 8. I broke the glass. 9. The police caught the thief. 10. He finished the work soon. 11. The robbers robbed him. 12. The fire damaged the building. 13. They looted the house. 14. She challenged me. 15.

Math, 1 month ago

A(k-3, k-2), B(k − 2, k − 3), and - - C(k+7, m) are 3 collinear points. Find the value of m in terms of k.

English, 3 months ago

change the underlined word to a pronoun and rewrite Ali likes to read books about fairies...

Math, 3 months ago

rohan made 48 runs in 8 overs and Rahul made 56 runs in 7 overs. who made more runs per over.?

Math, 10 months ago

derivative of 2x cube Z cube with respect to y...

English, 10 months ago

Describe the tiger in the cage . Please asap :)...

Computer Science, 10 months ago

explain any three types of storage devices...